โ๏ธ Pair: BANDUSDT
๐ Direction: Long
๐ฏ Leverage: Cross 5X - 10X - 20X
๐ Entry 1: 1.550
๐ Entry 2 (DCA): 1.000
โ Target 1: 2.000
โ Target 2: 2.500
โ Target 3: 3.000
โ๏ธ Stop Loss: 0.950
BAND Analysis:
Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.
If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
Entry Strategy:
- Main entry: 1.550
- Additional entry (DCA): 1.000
Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels.
"Manage your risk โ never trade with more than 1% of your capital on a single transaction."
DON`T FORGET TO BOOST US :D
๐ Direction: Long
๐ฏ Leverage: Cross 5X - 10X - 20X
๐ Entry 1: 1.550
๐ Entry 2 (DCA): 1.000
โ Target 1: 2.000
โ Target 2: 2.500
โ Target 3: 3.000
โ๏ธ Stop Loss: 0.950
BAND Analysis:
Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.
If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
Entry Strategy:
- Main entry: 1.550
- Additional entry (DCA): 1.000
Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels.
"Manage your risk โ never trade with more than 1% of your capital on a single transaction."
DON`T FORGET TO BOOST US :D
Trade active
๐ Entry 1: 1.550
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.